Inventory Planning DefinitionsRead More
Inventory Planning Blog
Effective inventory replenishment planning is a critical process for any company whether manufacturer, distributor or retailer. Planners and purchasing personnel rely heavily on their suppliers to have the items they need as they need them. But, suppliers have the same replenishment challenges and they also rely heavily on their suppliers and or manufacturing units.
A more complex global environment is creating significant inventory challenges for manufacturing inventory planning.
Manufacturing companies need to become more innovative and resourceful to compete in today’s global marketplace. Many manufacturers not only produce goods for other manufacturers, they are now selling their products directly to other manufacturers (B2B commerce) and even consumers (B2C commerce). The use of e-Commerce rising so dramatically has added more challenges for managing both production and finished goods inventories.
It Happened one night.Read More
The first forecasting blog covered an overview to inventory forecasting and the techniques available. This post continues to review the approaches to inventory forecasting.Read More
This is Part 1 of a two-part series on inventory forecasting. This blog provides some basic information about viable inventory forecasting techniques. Forecasting is a key step in inventory planning but not the only one. There are other key variables and processes that come into play in good supply chain replenishment planning including inventory rationalization and optimization..Read More
As consumers, we are driven to challenge and negotiate the price of everything we buy. This can be a good thing as you can realize additional savings in many cases. When it comes to purchasing items for a business though, how do you properly gauge the value of the inventory you are buying?Read More
Happy New Year 2016!Read More
Cloudiax is a new affordable, secure and fast cloud platform, optimized for SAP Business One on HANA and SQL. It simplifies a business with an easy-to-use, fast and cost effective solution. Cloudiax helps a business handle growth more easily.Read More
Your Customers are Happy with Optimized Inventory PlanningRead More
American RVRead More
- MRP for manufacturing
- DRP for Distribution
- Promotional Planning for Retail
- Parts planning for MRO and Aftermarket Service Parts
Individually, these solutions may do a good job of managing a specific inventory need but today businesses have morphed into multi-faceted, multi-customer facing companies. At the start or top is manufacturing, which feeds all other outlets like distribution and retail.Read More
An inefficient supply chain leads to many issues, among them excess and inactive items, lower than desired customer service levels, out of stocks, higher transportation costs, lost sales and employee and customer dissatisfaction. These inefficiencies result from the lack of proper planning tools, no inventory strategy, poorly trained inventory planners, lack of management support, incomplete inventory visibility, and or unrealistic goals.Read More